Share this article
Coinbase, Hut 8 and Other Crypto Stocks Rise as Bitcoin Surpasses $27.6K
BTC’s price is up over 10% over the last 24 hours.
By Nelson Wang
Updated Mar 17, 2023, 10:45 p.m. Published Mar 17, 2023, 3:31 p.m.
The shares of crypto exchange Coinbase (COIN) and several crypto-related companies were rising Friday as the price of bitcoin (BTC) surpassed $27,600, up over10% over the last 24 hours. BTC crossed $27,000 for the first time since the first part of June.
Coinbase shares were up close to 7%, while those of MicroStrategy (MSTR), which holds billions of dollars of bitcoin on its balance sheet, were up 7.7%. Crypto mining stocks were up significantly, as well, led by Riot Platforms (RIOT), up 12%. Shares of Hut 8 (HUT) and Hive Blockchain Technologies (HIVE) were both up 7%.
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
In addition, shares of bitcoin miner Marathon Digital (MARA) – which reported fourth- quarter earnings late Thursday after the report was delayed by several weeks because of an inquiry by the U.S. Securities and Exchange Commission related to accounting matters – were up close to 5%.
Marathon produced a record 1,562 bitcoins in the fourth quarter, although its earnings per share and revenue for the quarter came in short of analysts' estimates, according to FactSet. Some of the loss was due to a $332.9 million charge related to the carrying value of mining rigs and advances to vendors.
UPDATE (March 17, 2023, 22:45 UTC): Updates bitcoin price information in headline, deck and story.
Di più per voi
Cosa sapere:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
Di più per voi
Turkey's Paribu Buys CoinMENA in $240M Deal, Expanding Into High-Growth Crypto Markets
With the acquisition, Paribu gains regulatory foothold in Bahrain and Dubai and access to the region's fast-growing crypto user base.
Cosa sapere:
- Paribu acquires Bahrain- and Dubai-based CoinMENA for up to $240 million.
- Deal marks Turkey’s biggest fintech acquisition and first international crypto M&A, the firm said.
- The move taps into the MENA region’s fast-growing crypto user base and supportive regulatory hubs.
Top Stories
